CONVERSION OF U.S. GOVERNMENT PROPERTY FOR PERSONAL GAIN

Created: 8/5/1987

OCR scan of the original document, errors are possible

5 AUG

FOR: FROM:

SUBJECT: REFERENCE:

General

Office

^JlUel,

Security

ore of Information Act

Conversion. Government Property for Personal Gain

F to

dated7

1. This report is submitted for your information

2. Inepartment of the Treasury, Bureauand Printingorwarded an investigativethe sale of misprinted stamps in conjunction with aInformation Act request. BEP requested that thethe file for appropriate exemptions

!. The names and identifying data of twoemployees were deleted from the report.

3. The material was reviewed by representatives of the Office of General Counsel (OGC) and the Office of the InspectorG>. OIG deferred the investigation to the Office of Security, and OGC noted that although the act wasajor crime, it was considered^ conversion. Government property for personal gain.

The nine

r

es who were

lemploye

involved in the conversion. Government, property for ersonal gain were identified as follows: ^

it is noted

to

S E

s

FOIA Request Pertaining toJ

5. Anby the Office ofpossession of the inverted

stamps andfonds to replace the stamps intended for official use- T [also decided that the profit from the

sale of the^tampse scared equally among theand executed

ale transaction or cne misprinted stamps, resulting in an individual profitmong the nine employees. The remaining six employees were involved indirectly in the conversion. Government property for personal gain.

he Director of Security determined thatwas warranted for all nine employees^ Based ug^nof involvement, it was directed

C

spendedfor three days without pay

| each be suspended for one day^vicnouc pay: her sirtsmployees were reprimanded verbally for their participation in the scheme. J j

r

I ddressee

C

dress^e

JTE T

Original document.

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